Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.
SoftBank, a major Japanese technology conglomerate, has announced plans to invest over $100 billion in the United States, focusing on artificial intelligence (AI), semiconductors, and other high-tech sectors. This investment is part of a broader strategy to bolster its presence in the U.S. market, aiming to drive innovation and economic growth. The initiative includes setting up a new AI research hub in Silicon Valley, investing in startup ecosystems, and enhancing its existing portfolio companies. This move comes at a time when global tech competition is intensifying, with nations and corporations vying for leadership in AI and next-generation technologies. SoftBank's commitment is also seen as a response to the U.S. government's push for more domestic investment in critical technologies, aligning with policies aimed at reducing reliance on foreign technology and enhancing national security.
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